Brent and Melissa
an endowment fund was established for the
. This new fund joins the family of funds held by the Martin County
Community Foundation, a member of the Community Foundation Partnership, Inc.
funds founding donors are Brent & Melissa Courter who became new parents
to Kyleigh Jean Courter on December 6, 2004. They chose to establish this
new fund as part of the celebration and blessing of Kyleigh’s birth.
fund has been named as a co-beneficiary of Brent’s retirement account. The
MCCF General Unrestricted Fund was also named as a beneficiary. This
Unrestricted fund allows the MCCF to grant money annually to qualifying
charities deemed appropriate by the directors of MCCF.
it is likely to be several years before these funds receive the gift, the
shell that is now created, can begin to receive other gifts anytime, from
anyone. The result will be a steady, renewable source of income that the
will be able to use in perpetuity for needs of the church, and the MCCF will
use for community grant making.
making this decision, Brent and Melissa have accomplished many things.
First, and foremost, they have made a strong statement of the importance
their church and community play in their lives. Second, they have provided a
stream of income to the church, and grant making resources that will outlive
them. Third, they have protected their hard earned retirement account
dollars from taxes. Fourth, by using the Martin County Community Foundation
as the gatekeeper of this resource, they have assured professional endowment
a founding director and organizer of the MCCF, Brent has had the opportunity
to watch as well as nurture the foundation into a growing and successful
organization. It is with pleasure that the MCCF Board of Directors accepts
this new fund, and they would like to take this opportunity to thank Brent
and Melissa for their thoughtful gift to the Loogootee United Methodist
Church and Martin County Unrestricted Fund.
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